Recent media reports have flagged disruptions in global meat markets, particularly the US beef market. This essentially means that if the disruptions in various meat plants persist for some time and spill over into the global market, SA would not be spared from the price impact, particularly on poultry products. Given the significant 33% market share of these countries in the global meat trade, if these processing plant closures spread and they remain closed for a prolonged period, there are fears of a global meat shortage and, potentially, an uptick in prices. How will South Africa be affected? We ask Casey Delport, Investment Analyst, Anchor Capital.
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